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  • RE:  Prime Staffing Company In Washington DC
  • Contact:  Aaron Coculo

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $2,286,796
Net Profit: Not Disclosed
Cash Flow: $371,052
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 1002633
Broker Reference #: Not Disclosed

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Business Overview:

This staffing company was originally founded in 1972 and acquired by the current owner in 2017. It currently serves the Private Sector, Non-Profits, and Non-Government Organizations in the Washington DC Metro area, including Maryland and Virginia. The company’s primary service offering is Temporary staffing, supplemented by Temp-to-Perm and Permanent placements.

Services Offered

The company's revenue is heavily weighted toward temporary staffing, which offers a robust gross margin.

  • Service Mix by Revenue Percentage:
    • Temporary Staffing: 91% of sales
    • Temporary to Permanent / Permanent: 9% of sales
  • Highest Margin Products:
    • Temporary Staffing – 35% Gross Margin
    • Permanent Placement – 100% Gross Margin

Operations & Facilities

  • Employees: The company utilizes a mix of salaried, hourly, and bonus/commission-based compensation across roles.
  • Employee Benefits: Comprehensive benefits include Vacation, Sick Leave, Medical, Dental, and others.
  • Facility Details: The office occupies 2,200 total square feet with a lease that runs until December 2028 with exit options.

Growth Opportunities

Identified expansion opportunities include leveraging existing expertise and entering new markets.

  • Specific Expansion Opportunities: Conference Staffing, Accounting / Financial Services, and Information Technology.
  • Additional Target Markets: Federal Government via Sub-Contractors and Law Firms.

Specific details on the transition plan will be discussed to ensure a smooth handover.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Reason for Selling:

Retirement Planning. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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